FTU Non Currrent Assets Other vs Total Assets Analysis
FTU Stock | CAD 0.69 0.01 1.47% |
US Financial financial indicator trend analysis is much more than just breaking down US Financial 15 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Financial 15 is a good investment. Please check the relationship between US Financial Non Currrent Assets Other and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in US Financial 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Financial 15 Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between US Financial's Non Currrent Assets Other and Total Assets is -1.0. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of US Financial 15, assuming nothing else is changed. The correlation between historical values of US Financial's Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of US Financial 15 are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., US Financial's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of US Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in US Financial 15 books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from US Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Financial 15 current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in US Financial 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, US Financial's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Multiple is likely to grow to 21.91, while Selling General Administrative is likely to drop about 120.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 12.2K | 42.7K | 38.4K | 36.5K | Cost Of Revenue | 124.8K | 115.7K | 104.1K | 115.2K |
US Financial fundamental ratios Correlations
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US Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
US Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.7M | 15.6M | 13.7M | 11.2M | 10.1M | 9.6M | |
Other Current Liab | (127.4K) | (169.9K) | (107.6K) | (84.6K) | (76.1K) | (72.3K) | |
Total Current Liabilities | 127.4K | 169.9K | 107.6K | 84.6K | 76.1K | 72.3K | |
Net Debt | 12.2M | 15.2M | 12.1M | 10.2M | 11.7M | 12.3M | |
Accounts Payable | 127.4K | 169.9K | 107.6K | 84.6K | 76.1K | 72.3K | |
Cash | 294.1K | 234.0K | 1.4M | 878.9K | 791.0K | 751.4K | |
Non Current Assets Total | 12.4M | 15.4M | 12.2M | 10.2M | 9.2M | 8.8M | |
Non Currrent Assets Other | (12.4M) | (15.4M) | (12.2M) | (10.2M) | (11.8M) | (12.4M) | |
Cash And Short Term Investments | 294.1K | 234.0K | 1.4M | 878.9K | 791.0K | 751.4K | |
Net Receivables | 17.9K | 13.6K | 18.8K | 96.9K | 87.2K | 149.6K | |
Liabilities And Stockholders Equity | 12.7M | 15.6M | 13.7M | 11.2M | 10.1M | 9.6M | |
Non Current Liabilities Total | 195.7K | 181.9K | 107.6K | 150.5K | 135.5K | 128.7K | |
Total Liab | 127.4K | 169.9K | 13.7M | 84.6K | 76.1K | 72.3K | |
Total Current Assets | 312.0K | 247.6K | 1.4M | 975.7K | 878.2K | 834.3K | |
Short Term Investments | 12.4M | 15.4M | 12.2M | 10.2M | 9.2M | 14.0M | |
Short Term Debt | 12.5M | 15.5M | 13.5M | 11.1M | 10.0M | 14.5M | |
Long Term Debt | 24.7M | 16.1M | 12.5M | 15.5M | 13.9M | 16.3M | |
Long Term Debt Total | 24.7M | 16.1M | 12.5M | 15.5M | 13.9M | 16.3M | |
Short Long Term Debt Total | 12.5M | 15.5M | 13.5M | 11.1M | 10.0M | 9.5M | |
Current Deferred Revenue | (12.4M) | (15.3M) | (13.4M) | (11.0M) | (12.6M) | (13.3M) | |
Long Term Investments | 12.4M | 15.4M | 12.2M | 10.2M | 9.2M | 13.7M |
Pair Trading with US Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if US Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in US Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with FTU Stock
Moving against FTU Stock
The ability to find closely correlated positions to US Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back US Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling US Financial 15 to buy it.
The correlation of US Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as US Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US Financial 15 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for US Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in FTU Stock
Balance Sheet is a snapshot of the financial position of US Financial 15 at a specified time, usually calculated after every quarter, six months, or one year. US Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of US Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FTU currently owns. An asset can also be divided into two categories, current and non-current.